Nothing more frustrating than waiting for your refund and tax credit payments for weeks, even months, only to discover that the money is missing or stolen. The most pressing question for taxpayers in these cases is whether they can get their checks replaced and how to track the money. You can always check the status … Read more
As the federal tax filing deadline of April 18 approaches, the Internal Revenue Service announced Tuesday that more Taxpayer Assistance Centers (TACs) will be open across the country this Saturday. April 9 to receive help in person. But there will also be another national event on May 14. CLICK HERE TO SEE THE SCHEDULE AND … Read more
April 18 is not only the deadline to file 2021 taxes, it will also be the last day for up to 1.5 million taxpayers across the country to claim up to $1.5 billion in back refunds. The IRS warned Wednesday that 77,315 New Yorkers are owed an average refund of $896, for a total of … Read more
The average household in the United States pays more than $10,000 in federal income taxes each year. While that obligation is national, there is a big difference when it comes to state and local taxes. Yet New York residents owe more in taxes than those in 47 other states and the District of Columbia, according … Read more
Treasury Department officials last month warned taxpayers of possible delays in issuing refunds this year, in part because the tax agency is still processing millions of tax returns from last year. Still, taxpayers are wondering what to expect from the state refunds. Will they also be paid with delays? Not really. You may even see … Read more
The New York State Department of Taxation and Finance announced Monday that it updated the Tax Preparers Consumer Bill of Rights to help New Yorkers protect themselves from dishonest practices. Some tax preparers use their position of power to request personal information, according to the department. Protect yourself from a bad tax preparer. Tax preparers … Read more